In 2019, Montserrat exported a total of $6.82M, making it the number 220 exporter in the world. During the last five reported years the exports of Montserrat have changed by $1.5M from $5.33M in 2014 to $6.82M in 2019.
In 2019 Montserrat imported $16.3M, making it the number 222 trade destination in the world. During the last five reported years the imports of Montserrat changed by -$33.5M from $49.8M in 2014 to $16.3M in 2019.
In 2013, Montserrat exported $13.9M worth of services. The top services exported by Montserrat in 2013 were Travel ($7.59M), Computer and information services ($3.36M), Sea transport ($1.02M), Air transport ($900k), and Miscellaneous business, professional, and technical services ($688k).
The top services imported by Montserrat in 2013 were Sea transport ($3.99M), Government services, n.i.e. ($3.61M), Miscellaneous business, professional, and technical services ($3.55M), Travel ($3.05M), and Computer and information services ($3.02M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Montserrat. These are products that tend to be co-exported with the products that Montserrat exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.